Form 4 for LTRX LANTRONIX INC
Accepted 2021-09-02 00:00:00 ET · period of report 2021-09-01 · accession 0001683168-21-004065 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-02 | 2021-09-01 | LTRX | Hakam Fathi | VP of Engineering | F - Tax | $6.46 | -2,105 | 57.2K | -4% | -$13.6K |
| D | 2021-09-02 | 2021-09-01 | LTRX | Hakam Fathi | VP of Engineering | M - OptEx | $0.00 | +6,250 | 59.3K | +12% | $0 |
| D | 2021-09-02 | 2021-09-01 | LTRX | Hakam Fathi | VP of Engineering | M - OptEx | $0.00 | -6,250 | 25.0K | -20% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-01 | F | D | 2,105 | $6.46 | 57,227 | D | — | — | |
| 2 | Common | Common Stock | 2021-09-01 | M | A | 6,250 | $0.00 | 59,332 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2021-09-01 | M | D | 6,250 | $0.00 | 25,000 | D | — · — to — | 6,250 Common Stock | (F2) In accordance with the terms of the RSU Agreement, 2,105 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding. (F1) Represents Restricted Stock Units ("RSUs") granted on August 31, 2018. The restricted stock units ("RSUs") vest such that (a) 25% of the shares (25,000 shares) vested on September 1, 2019, the one-year anniversary of the grant date and (b) 1/16 of the shares (6,250 shares) vest quarterly thereafter, such that one hundred percent (100%) of the RSUs will be fully vested on the four-year anniversary of the grant date. |